Cheap Apartments for Rent in the Downtown Cleveland Neighborhood of Cleveland, TN from $495 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Cleveland area of Cleveland.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Buchanan Way Apartments
1 to 3 Bedroom Apartments

Buchanan Way Apartments

3099 Buchanan Rd SECleveland, TN 37323
  • Utilities Included
property at 363 Highland Ave NW
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

363 Highland Ave NW

ClevelandTN37311

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1900 Ohio Ave
2 Bedroom Apartments

1900 Ohio Ave

1900 Ohio AveCleveland, TN 37311
property at 3540 Adkisson Dr NW
$795

Total Monthly Price

Base Rent$795

Total Monthly Price$795
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

3540 Adkisson Dr NW, Unit 7

3540 Adkisson Dr NW
ClevelandTN37312
property at 749 20th St SE
$795

Total Monthly Price

Base Rent$795

Total Monthly Price$795
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

749 20th St SE

ClevelandTN37311
property at 3540 Adkisson Dr NW
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
1 Bedroom, 1 Bath Condo for Rent
Available Now

3540 Adkisson Dr NW, Unit 8

3540 Adkisson Dr NW
ClevelandTN37312
property at 3705 Adkisson Dr NW
$895

Total Monthly Price

Base Rent$895

Total Monthly Price$895
1 Bedroom, 1 Bath Townhome for Rent
Available Now

3705 Adkisson Dr NW

ClevelandTN37312
property at 1706 37th St NE
$925

Total Monthly Price

Base Rent$925

Total Monthly Price$925
2 Bedroom, 2 Bath Condo for Rent
Available Now

1706 37th St NE

ClevelandTN37323

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 725 Highland Ave NW
$925

Total Monthly Price

Base Rent$925

Total Monthly Price$925
2 Bedroom, 1 Bath Townhome for Rent
Available Now

725 Highland Ave NW

ClevelandTN37311
property at 862 Berry St NE
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
2 Bedroom, 1 Bath Townhome for Rent
Available Now

862 Berry St NE

ClevelandTN37311
property at 446 9th St SE
$950
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

446 9th St SE

ClevelandTN37311
property at 555 Wildwood Ave SE
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
2 Bedroom, 1 Bath Condo for Rent
Available Now

555 Wildwood Ave SE, Unit 4

555 Wildwood Ave SE
ClevelandTN37311
property at 3444 Adkisson Dr NW
$1,025

Total Monthly Price

Base Rent$1,025

Total Monthly Price$1,025
2 Bedroom, 2 Bath Townhome for Rent
Available Now

3444 Adkisson Dr NW

ClevelandTN37312
property at 2861 Michigan Ave Rd NE
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
2 Bedroom, 2 Bath Townhome for Rent
Available Now

2861 Michigan Ave Rd NE

ClevelandTN37323
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Heritage Place
1 to 2 Bedroom Apartments

Heritage Place

4100 N Ocoee St NCleveland, TN 37312
  • Utilities Included
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226 Haven Drive
1 Bedroom Apartments

226 Haven Drive

226 Haven DrMc Donald, TN 37353
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Downtown Cleveland, Cleveland, TN Local Guide

Cheapest Available Downtown Cleveland Apartments for Rent

 

The cheapest available apartment rental in the Downtown Cleveland area of Cleveland, TN is a Studio unit found at Park Hills Apartments priced from $825. Pine Forest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Downtown Cleveland apartments for rent in Cleveland, TN:

Apartment ListingModel NameBed/BathPriced From
Park Hills ApartmentsPlan B JRStudio,1BA$825
Pine Forest ApartmentsOne Bedroom1BR,1BA$900
Greenway Townes1 BR Renovated1BR,1BA$920
The Vue on Cliffside1BR/1.0BA1BR,1BA$995
The Pointe at Westland1 Bedroom1BR,1BA$1,025
The Charlie1 Bed x 1 Bath1BR,1BA$1,100
3362 Steeple Cir NE2BR/1.5BA2BR,1BA$1,149
Brookes EdgeThe Oak1BR,1BA$1,207
Vintage Cleveland ApartmentsA31BR,1BA$1,269
Siegel Select Cleveland, TNStudioStudio,1BA$1,340

Best Value Apartments for Rent in Downtown Cleveland, TN

As of September 09, 2026 the best value apartment in the Downtown Cleveland area is the $1.42 price per square foot 3 Bedroom Model at The Henley in the in the Downtown Cleveland neighborhood starting from $1,499. The second greatest value Downtown Cleveland apartment is the 1 Bedroom Model at The Pointe at Westland starting at $1,025 with a $1.07 price per square foot in the Downtown Cleveland neighborhood. Here is today’s list of the best values for Downtown Cleveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Henley3 Bedroom3BR,2BA$1.42
The Pointe at Westland1 Bedroom1BR,1BA$1.07
3362 Steeple Cir NE2BR/1.5BA2BR,1.5BA$1.37
Brookes EdgeThe Oak1BR,1BA$1.52
Vintage Retreat ApartmentsA11BR,1BA$1.77
Vintage Cleveland ApartmentsA21BR,1BA$1.71
The Vue on Cliffside1BR/1.0BA1BR,1BA$1.33
Pine Forest ApartmentsTwo Bedroom2BR,1BA$1.50
The Charlie1 Bed x 1 Bath1BR,1BA$1.59
Park Hills ApartmentsPlan A JRStudio ,1BA$1.73

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Cleveland, Cleveland, TN

Ranked #1

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Cleveland Apartments

What is the Cheapest Studio apartment in Downtown Cleveland?

Currently the most affordable Cheap Studio Apartment in Downtown Cleveland is at Park Hills Apartments listed at $825.

How much is rent for a Cheap One Bedroom Downtown Cleveland Apartment?

The lowest price for a Cheap One Bedroom Downtown Cleveland Apartment is $860 at Park Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Cleveland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Cleveland is starting from $950 at Park Hills Apartments.

What is the most affordable Downtown Cleveland Three Bedroom Apartment?

The best deal on a cheap Downtown Cleveland Three Bedroom Apartment rental is at Pine Forest Apartments and starts from $1,200.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.